Watch Will Ferrell and Chad Smith's Red Hot Benefit Drum-Off

Comedian Will Ferrell and Red Hot Chili Peppers drummer Chad Smith are hosting the Red Hot Benefit Comedy + Music Show & Quinceanera tonight, held at the Shrine Auditorium in Los Angeles. Sponsored by Ferrell's Funny or Die website, the charity event will feature performances from Red Hot Chili Peppers and Devo, as well as comedians Jim Gaffigan and Nick Offerman. Ferrell's charity is Cancer for College, which aims to help cancer survivors realize their dream of a college education. Smith's charity is the non-profit organization Silverlake Conservatory of Music; founded by RHCP bassist Flea, the organization strives to address the decrease in arts education in schools. Update (04/30 10:26 a.m.): Watch a video from the event below, in which Ferrell and Smith bring out various drummers to represent them in a team drum-off. Foo Fighters' Taylor Hawkins, Mötley Crüe's Tommy Lee, Fred Armisen, Fleetwood Mac's Mick Fleetwood and Stewart Copeland from the Police all participate. The competition begins around the 13 minute mark.